11 Things to Know Before Starting a Nonprofit

There’s a lot that goes into starting a nonprofit. Here’s 11 things to consider…because 10 is never enough! This video is excerpted and abbreviated from our eBook, “10 Things You Need to Know Before Starting a Nonprofit", which has over 10,000 downloads to date.

You can be successful in launching a new nonprofit. Knowing what goes into it before you do it will determine the degree of your success, or lack thereof.

📚 ADDITIONAL RESOURCES:
Purpose and Programs
•How Do You Start a 501(c)(3) Nonprofit? https://youtu.be/1GO3XCDsId4
•What Can You Do With a 501(c)(3)? Understanding IRS Charitable Purposes https://youtu.be/FdhjhA2SRx4

⭐Board of Directors
•5 Things Every New Nonprofit Board Member Needs to Know https://youtu.be/qkL_CtlBzxA
•The Fiduciary Duty of Nonprofit Board Members https://youtu.be/2U8yqsJnOSg
•The Importance of Confidentiality for Nonprofit Boards https://youtu.be/wbbJisFDKmQ
•How to Find Good Board Members for Your Nonprofit https://youtu.be/dgZqRooCkRw

⭐Record Keeping
•What Records Should a Nonprofit Keep? https://youtu.be/QPk_p1XWZ-s
•6 Operating Policies Your Nonprofit Must Have https://youtu.be/6Bk3DlcW-I0
•Do Nonprofits Need to Give Receipts to Donors? https://youtu.be/QJvUDjYYNzc

⭐Compliance Filings
•Form 990: The Public Window into Your Nonprofit https://youtu.be/jmkRMxq26ZU
•5 Best Practices to Ensure Smooth IRS Form 990 Preparation https://youtu.be/mIWqwFwwZ8s
•Top 10 Form 990 Audit Triggers No One Told You About https://youtu.be/v2hPjBzgcvE
•Which Form 990 Do I File? https://youtu.be/6Q-eBX6QwGI
•Fundraising Registration in Multiple States? https://youtu.be/oSwuZHL35lE

📚Blog Article
•11 Must-Dos for Starting a Nonprofit https://bit.ly/40Tdz8j

🏆 YOUR NEXT STEP:
•Fill out this form for a FREE consultation on how to start a nonprofit: https://bit.ly/3Tu9nYE
•Register for Fundraising TV: https://www.501c3.org/fundraising-tv/
•Download the FREE eBook “10 Things You Need to Know Before Starting a Nonprofit” https://bit.ly/3XhFag0


0:00 Introduction
1:02 #1 Define Your Nonprofit's Purpose
2:02 #2 Define Your Programs
3:01 #3 Understand That You Don't Own This
3:23 #4 Choose Your Nonprofit's Structure
3:42 #5 Establish Your Board of Directors
4:15 #6 Conflict of Interest
4:49 #7 Fundraising
5:13 #8 Employee Compensation
5:41 #9 Record Keeping
6:40 #10 Compliance Filings
7:07 #11 Who's Going to Help You Do All This?
7:35 Conclusion